
Santa Monica, California 90402
Analysis of 201 Ocean Avenue 304b, Santa Monica, California 90402 is currently available with a list price of $595,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although the building was constructed in 1971, the unit is well-maintained and move-in ready. It features updated laminate flooring and newer stainless steel appliances. The kitchen cabinetry and tile countertops are functional but dated, suggesting a renovation older than 15 years, yet the overall condition remains high for its age.
Situated on prestigious Ocean Avenue in Santa Monica, this property offers an ideal coastal lifestyle with immediate access to the beach and local attractions.
The building provides a comprehensive suite of high-end amenities, including a 24-hour doorman, valet parking, a heated pool, and a fitness center, ensuring a resort-style living experience.
Located on the third floor, this unit offers exceptional convenience with same-level access to the swimming pool and gym, while maintaining a sense of privacy and seclusion.
The combined monthly obligation of approximately $1,347 for HOA dues and loan service is relatively high for a studio unit, which may impact overall affordability.
As a Co-op with an underlying corporate loan, the purchasing process and financing options are more restrictive and complex compared to traditional fee-simple condominium transactions.
What a deal ! PERFECT STUDIO PIED A TERRE BY THE BEACH ! Located in the "B" building, this unit on the 3rd floor offers privacy, seclusion, and easy immediate access to the swimming pool and gym located on the same level. Ocean Towers is one of the few full-service buildings in Santa Monica. Amenities include: Spa, Fitness Center, Valet Parking, Heated Pool, Sun Deck, Banquet Room, 24 Hour Doorman, Controlled Access, Reception, and more, Ocean Towers is a Co-op with an underlying corporate loan. Total HOA is approximately $739.00 and loan service of $608.00 per month. Buyer to verify all information with Ocean Towers Housing Management and shall not rely upon any representation from agent or seller.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 6% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 661 | 1,568 | 6% |
| Lot Size | 57,750 | 38,613.5 | 56% |
| Price | $595.0K | $2.11M | 6% |
| Price per sq ft | $900 | $1.4K | 11% |
| Built year | 1971 | 1976 | 44% |
| HOA | $739.0 | $2.2K | 17% |
| Days on market | 71 | 206 | 17% |
Feb 10, 2026
$595,000
Initial Listing